Get the free PERAC MEMO #49/1999 - State Library of Massachusetts
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PUBLIC EMPLOYEE RETIREMENT ADMINISTRATION COMMISSION FIVE MIDDLESEX AVENUE, SUITE 304 | SOMERVILLE, MA 02145IntroductionNew Member Enrollment Form Last Revised: February, 2020The New Member Enrollment
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What is perac memo 49?
Perac Memo 49 refers to a guideline issued by the Public Employee Retirement Administration Commission (PERAC) that outlines the reporting requirements for pension funds in Massachusetts.
Who is required to file perac memo 49?
All governmental units and retirement boards in Massachusetts that manage public employee pension funds are required to file perac memo 49.
How to fill out perac memo 49?
To fill out perac memo 49, you need to provide detailed information regarding your pension fund including, but not limited to, fund performance, contributions, and beneficiary data as instructed in the memo.
What is the purpose of perac memo 49?
The purpose of perac memo 49 is to ensure transparency and accurate reporting of pension fund information to maintain accountability in the management of public employee retirement systems.
What information must be reported on perac memo 49?
The information that must be reported includes fund balances, investment performance, contributions made during the reporting period, and information pertaining to beneficiaries.
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